SCHUBERT-GOLLA-MARTIN PSA C

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the HAWKVILLE (EAGLEFORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 287120District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.1 M
Dec 2018 – May 2026
Value, last 12 filed months
$545 k
at the published price for each month
Months reported
90
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 1,894 leases and 1,894 wells, and the rule below applies to all of them.

Discovered
2008-10-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-08-25.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: WILL REQUIRE A REGULAR SWR 38.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none
ST-1112019-12-21225589

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition16 bbl$745
GasProduction3,821,062 Mcf$12,075,996
Total$12,076,741

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.2273, -99.1852. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.22732, -99.18517 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,733 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,733 ft.

Completions filed
Dec 2018
1 of 1 wells

1 well

42-2833636410H10,733 ftDec 2018

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (90)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

90 months

May 2026014,063106.413.05$42,834
Apr 202608,64498.932.87$24,806
Mar 202609,09889.753.15$28,654
Feb 2026016,03063.503.75$60,118
Jan 2026011,64659.138.00$93,144
Dec 2025014,80256.664.41$65,327
Nov 2025018,01258.593.93$70,723
Oct 2025014,30959.383.30$47,289
Sep 202507,00962.743.08$21,566
Aug 2025015,97563.933.01$48,161
Jul 202507,51366.743.32$24,907
Jun 202505,46266.483.13$17,089
May 2025020,87260.553.23$67,465
Apr 2025017,58062.363.54$62,288
Mar 2025016,37067.704.27$69,872
Feb 2025017,97570.884.34$78,027
Jan 2025027,23574.324.28$116,530
Dec 2024018,31168.993.12$57,155
Nov 2024012,53869.052.20$27,564
Oct 2024012,94471.372.28$29,530
Sep 2024011,16469.612.36$26,396
Aug 2024013,92275.632.06$28,730
Jul 2024015,07379.932.15$32,356
Jun 2024015,02678.082.63$39,578
May 2024010,43178.812.20$22,932
Apr 202408,65084.451.66$14,352
Mar 2024013,88280.301.55$21,449
Feb 2024014,61976.091.78$26,075
Jan 202403,93573.023.30$12,976
Dec 2023014,96971.262.61$39,080
Nov 2023016,89377.892.81$47,428
Oct 2023019,89085.443.09$61,406
Sep 2023017,80889.042.74$48,706
Aug 2023021,22380.522.67$56,727
Jul 2023022,13374.852.64$58,471
Jun 2023021,47868.962.26$48,508
May 2023020,92770.622.23$46,613
Apr 2023022,44578.122.24$50,227
Mar 2023024,49772.852.39$58,625
Feb 2023020,91775.112.47$51,575
Jan 2023026,23676.533.39$88,880
Dec 2022026,19176.415.73$150,050
Nov 2022028,18985.005.65$159,161
Oct 2022024,73287.185.86$145,023
Sep 2022021,61284.888.16$176,433
Aug 2022022,13694.529.13$202,039
Jul 2022026,545101.587.54$200,205
Jun 2022027,472115.097.98$219,150
May 2022028,566109.378.43$240,898
Apr 2022027,751104.226.84$189,750
Mar 2022031,350108.885.08$159,145
Feb 2022030,66091.054.86$148,972
Jan 2022031,91781.844.54$144,829
Dec 2021034,16671.323.90$133,217
Nov 2021035,04177.435.24$183,504
Oct 2021041,43379.795.71$236,743
Sep 2021046,77869.865.35$250,305
Aug 2021030,94966.024.22$130,623
Jul 2021028,46470.783.98$113,346
Jun 2021029,36369.493.38$99,265
May 2021032,82763.483.02$99,061
Apr 2021040,29760.362.76$111,156
Mar 2021032,02161.302.72$86,999
Feb 2021029,34857.805.55$162,821
Jan 2021028,13550.412.81$79,067
Dec 2020027,62244.642.68$73,902
Nov 2020036,15038.772.71$97,843
Oct 2020047,64236.972.48$118,077
Sep 2020048,83737.091.99$97,236
Aug 2020051,06839.982.39$121,802
Jul 2020049,33638.371.83$90,044
Jun 2020052,64434.901.69$88,985
May 2020056,40316.921.81$102,357
Apr 2020057,68014.751.80$104,077
Mar 2020062,13130.341.86$115,329
Feb 2020066,74949.881.98$132,208
Jan 2020067,14557.252.09$140,651
Dec 2019081,95659.012.30$188,856
Nov 2019087,44255.302.75$240,527
Oct 2019088,22453.472.42$213,373
Sep 2019094,70755.052.66$251,663
Aug 20190110,90953.112.30$255,574
Jul 20190124,50656.272.46$306,292
Jun 20190137,81452.782.49$343,322
May 20190165,40258.482.74$453,254
Apr 20190193,20762.632.75$531,454
Mar 20190217,49056.803.06$665,976
Feb 20190240,66550.852.79$671,990
Jan 20190254,45446.033.23$821,423
Dec 20181622,43046.594.19$94,625

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas               14,063 Mcf  × $  3.05 =    $42,834

────────────────────────────────────────────────────
Month total                                  $42,834

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/287120 is the state's own key, not one this site invented.